📄️ What is PVP?
PVP stands for Player vs Player where you can play games against other users, also in other words reffered as multiplayer. Opposite word for PVP would be single-player.
📄️ What is Single-player?
Single player comes from word single and player which stands for playing games alone against NPCs or Computer. Opposite word for PVP would be multiplayer or PVP.
📄️ What is Gaming Token?
Crypto gaming tokens are digital assets used as a form of currency in blockchain-based games.
📄️ What is GameFi?
GameFi, short for game finance combines elements of gaming and decentralized finance (DeFi), allowing players to earn cryptocurrency and other digital assets by playing blockchain-based games.
📄️ What are Crypto Coins?
Crypto coins are digital currencies that function on specific blockchain networks. Unlike traditional currencies tied to a country, crypto coins are decentralized, meaning they aren't controlled by a single entity like a government.
📄️ What is a Dapp?
Decentralized applications—also known as "dApps" or "dapps"—are digital applications that run on a blockchain network of computers instead of relying on a single computer.
📄️ What is DeFi?
DeFi, short for decentralized finance, is an emerging financial system built on blockchain technology. It aims to be an alternative to traditional centralized financial systems controlled by banks and institutions.
📄️ What are Play-to-Earn Games?
Play-to-earn games are a type of blockchain game that rewards players in crypto for playing.
📄️ What are Web3 Games?
Web3 games is another term for blockchain gaming often used interchangeably with GameFi, NFT games, crypto games, and play-to-earn games.
📄️ What is Decentralized Gaming?
Decentralized gaming uses blockchain technology to distribute control and ownership of games among players, not a central company. Players own and trade in-game items securely, can earn crypto, and influence the game's development and economy directly. This creates a fairer, more open gaming environment.
📄️ What is a Crypto Wallet?
A crypto wallet is a wallet for the web3 world that allows you to store cryptocurrencies or use them in various ways. You can swap, lend, play games, trade NFTs, and more.